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ELI5 Cryptocurrency, cryptography, software development and information security. Our latest featured cryptocurrency knowledge base articles including basic concepts, software development, technical articles, easy to follow ELI5 introductions to technical concepts and much more!

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ELI5 How AVAX validation works [Avalanche Protocol]
According to the Avalanche AVAX token distribution policy, almost 50% of all AVAX in existence will go towards validator rewards (see chart at the top). Since the Avalanche pr...
ELI5 Ripple Cryptocurrency (XRP)
Ripple in a Nutshell Ripple is not a traditional cryptocurrency per se, but a protocol for B2B transactions called RippleNet. Banks can deploy a standard Ripple ledger and s...
ELI5 PSBT – Partially Signed Bitcoin Transactions
Trustless operation is one of the key concepts behind cryptocurrencies. The idea is that you should not have to personally meet, or trust your peers, in order to perform successfu...
ELI5 How iPayYou.io works
iPayYou.io is an Amazon.com gift-card-for-cryptocurrency trading service. Currently, iPayYou will buy your gift cards at a fixed rate and pay back in cryptocurrency. Accepte...
DIMCoin is Dead [Long live DIMCoin?]
2020 Updates In November 2020 several users on the Telegram group note that the August announcement about the substitution of HYBSE for ZEROTRADE has not happened as planned. A...
Why the “fast” Ethereum sync is so slow
Why is the geth sync so slow? I keep hearing this question again and again from Ethereum node operators. Why is it still so difficult to fully sync an Ethereum full node? Sl...
KIN Cryptocurrency in a Nutshell [Solana Update]
KIN is the native token on the Kik ecosystem and was designed to allow exchange of value within applications developed using its SDK. KIN began life as an Ethereum ERC20 token...
ELI5 VRF – Understand Verifiable Random Functions
Verifiable Random Functions (VRF) are random number generators whose output can be cryptographically verified. A special algorithm provides the proof for VRF's at a later time the...
Building the Haskell cardano-node on Linux
tl;dr; Jump straight to the build instructions The Details Looking forward to the Haskell mainnet, the next step in the Cardano project, I've begun exploring the cardano-...
Winning Bustabit strategy: ELI5 How to consistently win at Bustabit!
Bustabit is a betting game where you try to guess the largest possible magic number in each contest. Sounds kinda dull, but there's a catch: this number is a Bitcoin multiplie...

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